PoS transactions set to hit N8.96 trn in May as CBN intensifies cashless drive

May 11, 2026 - 10:00
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PoS transactions set to hit N8.96 trn in May as CBN intensifies cashless drive

Point-of-Sale (POS) transactions are projected to surge to N8.96 trillion by the end of May 2026, rebounding from a dip in April, as the Central Bank of Nigeria (CBN) continues its aggressive push toward a cashless economy. According to payment system data, POS transactions stood at N7.70 trillion in March 2026 before declining by 1.82 […]

The post PoS transactions set to hit N8.96 trn in May as CBN intensifies cashless drive appeared first on Tribune Online.

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